Americans expect to spend an average of $142 on a Valentine’s Day present for their significant other this year. That’s according to a survey from Compare Cards, which polled over 1,000 in the U.S. about their Valentine’s Day spending expectations. On average, the most people think their partner should put toward a Valentine’s Day gift is $201. A whopping 70% of U.S. adults in relationships plan on buying their partner a Valentine’s Day gift, according to Bankrate. And as a whole, Valentine’s Da

How a couple making $124K in Portland spends their moneyMarissa and Jacob Lyda, are millennial homeowners living in Portland, OR. This is an installment of CNBC Make It’s Millennial Money series, which profiles people around the world and details how they earn, spend and save their money.

And in November, Dalio declared “the world has gone mad and the [capitalist] system is broken.” Nearly three in 10 Americans believe the American dream is unattainable, a 2019 Gallup survey shows, but 70% believe the American dream is still personally achievable. Gallup also found that those in higher-income households were more likely to believe the American dream is attainable. “I look at myself as a byproduct of capitalism when it also gave equal opportunity, the American dream. I was very lu

You also have to ask the right questions. After running a recruiting firm for more than 10 years, I’ve found that most candidates fail to ask the hard-hitting questions during job interviews — out of fear that they might look clueless or less confident. Here are four questions that I wish more candidates would ask during job interviews:1. If your hiring manager describes someone who sounds a lot like you, it’s a clear sign that you should reconsider whether you’re right for the job. Hiring manag

Rather than upgrading their lifestyle, they redirected the money that previously went toward their loans into a house fund. She spends $200 on monthly subscriptions and equipment, and puts $200 toward a business savings account for any big, future purchases she wants to make for her company. Here’s the breakdown of where their savings go: High-yield savings account: $2,340 The couple save $2,340 in a high-yield savings account, which used to be their house fund. Bank savings account: $445 The Ly

Getty ImagesThe April 15 tax deadline is about two months away, yet that’s still plenty of time to knock a few dollars off your 2019 tax bill. The agency expects to receive more than 150 million individual income tax returns for the 2019 tax year. Here are nine tips to cut your tax bill. “You may qualify for a credit to offset some of the cost of child care.” You need to pay your care provider on the books to claim this tax break.

The recently passed Secure Act raises the age for when those required minimum withdrawals must begin — to 72 from 70½, effective this year. Meanwhile, updated life expectancy tables proposed by the IRS for 2021 would also change how RMDs are calculated. As before, you can delay your first RMD until April 1 of the year following the one in which you reach the RMD age. Before, IRA beneficiaries could stretch withdrawals across many years, based on their own life expectancy. He added that if you ca

In a world where much of consumer banking has gone high-tech, the most costly scams involve an old-school tool: checks. At about $2,000 a pop, fake-check scams cheated consumers out of more than $28 million in 2019, according to the Federal Trade Commission. Fake-check scams are up 65% since 2015, according to the FTC. And they are hitting younger adults the hardest: Last year, 20-somethings were more than twice as likely as people 30 and older to report losing money in fake-check scam. So not o

St. Clare’s Hospital was everything to Jerry and Kathy Adach. The Adachs are among more than 1,100 former St. Clare’s employees suing to recover their money. Joseph Pofit, chairman and president of the board of St. Clare’s Corporation, the successor to St. Clare’s Hospital and associated to some degree with the Roman Catholic Diocese of Albany, declined to comment due to the ongoing litigation. “However, the Diocese of Albany never managed the St. Clare’s pension fund. The hospital, affiliated w

Former White House communications director Hope Hicks, a favorite former aide of President Donald Trump’s, is rejoining the administration to work for the president’s senior advisor and son-in-law, Jared Kushner. Hicks, 31, was hired as the chief communications officer at Fox after she left the White House in April 2018. White House press secretary Stephanie Grisham said Hicks will serve as “counselor to the president and senior advisor, working for Jared Kushner’s office.” Kushner told NBC News

As a Bernie Sanders basked in a New Hampshire primary win , he reeled off the familiar tenets of his “political revolution.” But it lacked one of the signature phrases voters have associated with Sanders and his Brooklyn accent: a knock on the “millionaires and billionaires” corrupting the U.S. political system. “We’re taking on billionaires and we’re taking on candidates funded by billionaires,” Sanders said. After an insurgent run four years ago marked by criticism of the Democratic Party, he

The growth of esports led to a broader discussion about creating a path for young gamers to become esports athletes. And the expansion of one startup at the heart of it all speaks to an increasing demand for this “path to pro” to emerge. This week, PlayVS —an esports competition platform that primarily focuses on bringing esports to high schools —announced an multi-year partnership with Tencent-owned Riot Games to be the exclusive provider of competitive high school League of Legends in the Unit

Tesla CEO Elon Musk unveils the Cybertruck at the TeslaDesign Studio in Hawthorne, Calif. It will offer 2.65 million Tesla shares through underwriters Goldman Sachs and Morgan Stanley, with expected gross proceeds of $2.3 billion before discounts and expenses. Tesla will spend between $2.5 billion and $3.5 billion on capital projects such as factories in each of the three years beginning in 2020, Nelson said. Previously, the company had been expected to spend $2 billion to $2.5 billion this year

Kraft Heinz said Thursday it would be pushing back the unveiling of its turnaround plan from March to May. The announcement came as the company saw its sales decline in the fourth quarter, despite higher prices. Kraft also disclosed impairment charges of $666 million, including writing down the value of its Maxwell House trademark by $213 million. “I know many of you were expecting a March date versus a May date for the unveiling of our strategy,” CEO Miguel Patricio told investors on the confer

French media conglomerate Vivendi said on Thursday it planned to list its most-prized asset, Universal Music Group, by early 2023 at the latest, following a year of record profit for the division. A consortium led by China’s tech giant Tencent bought 10% of Universal last December in a deal that valued itat 30 billion euros. The same consortium can buy a further 10% of Universal’s share capital until mid-January 2021. Group revenue was up 5.6% last year, totalling 15.9 billion euros.The group re

Construction machinery of the US producer Caterpillar can be seen at the BLG Logistics Group Car Terminal, ready for shipping in Bremerhaven, Germany, 12 June 2017. Photo: Ingo Wagner/dpa (Photo by Ingo Wagner/picture alliance via Getty Images)(This story is for subscribers only.) Goldman Sachs upgraded Caterpillar on Thursday and said it sees an “attractive” risk/reward and 20% upside ahead as fundamentals appear to be strengthening despite the risk of a slowing China. The shares of the machine

MKM initiated the coffee company and said Starbucks has one of the “better” long-term opportunities across the restaurant industry. “We believe the company possesses a unique long-term mix supporting the build-out of a dominant global business, strong in-store operations and ongoing investments in its supply chain and considerable digital infrastructure. The operational and strategic strengths are met with a strong cash flow generation and capital return story, which we believe creates one of th

Wedbush Securities’ Dan Ives praised Tesla’s announcement on Thursday morning of a new $2 billion common stock offering. Shares of Tesla, which have skyrocketed recently, were under some pressure on Thursday after the company said before-the-bell that it’s planning a $2 billion common stock offering. The company will offer 2.65 million Tesla shares through underwriters Goldman Sachs and Morgan Stanley. In the past six months, Tesla shares have surged about 220%. Also reacting to Tesla’s secondar

Breaking up major tech firms could create winners and losers for investors in the popular stocks, according to Bank of America. The bank’s new client note from analyst Justin Post comes after the Federal Trade Commission said on Tuesday that it will review acquisitions made by major tech companies over the past decade. Alphabet, Facebook, Amazon, Apple and Microsoft were all named in the press release. The odds of regulators forcing break-ups are low, Post said, but some of the stocks could see

Jensen Huang, president and CEO of Nvidia, speaks during the Computex Show in Taipei on May 30, 2017. Computer graphics processor and chip maker, Nvidia, will be front and center for traders when the company delivers its fourth-quarter earnings report on Thursday after the bell. The company will also need to reassure investors and analysts of its plans to navigate the deadly coronavirus which continues to wreak havoc in different parts of the market. Despite that, most analysts expect 2020 to be